March 2020 – A Tumultuous Start to 2020
As a number of crosscurrents swirl around the private markets ecosystem, including virus-related concerns, public market volatility, high historic valuations and rampant economic uncertainty, we share our thoughts on key elements of our ecosystem.
A key strength of the Portfolio Advisors platform is the ability to operate across market cycles. Our investment philosophy is grounded in the control of risk through diversification across strategies, managers, geographies and vintage years in order to build portfolios which do not get overexposed during frothy periods or underexposed during economic slowdowns. Since our founding in 1994, we have focused on accessing skilled private equity, private debt and real estate managers …